The web conferencing using video and audio medium is rapidly gaining traction for educational webinar presentation to business web meeting among clients. The rise in the internet, improving communication infrastructure and electronic devices are enabling the web conferencing technologies. There is huge scope for the Web Conferencing Market in various regions across the globe during 2016-2021.
Scope and Regional Forecast of the Web Conferencing Market:
According to the IndustryARC research analysis studies on the Web Conferencing Market, companies in various regions are investing for improving the infrastructure for good quality communication over the Internet through 2021.
North America and Europe are the major regions in the Web Conferencing Market with high market shares of revenue with many corporations investing for the development of this market as per IndustryARC analytics. Many companies are rapidly adopting web conferencing for business meetings for convenience.
Asia Pacific is expected to have significant growth in the Web Conferencing Market with high investment by government agencies and companies in China, India and Japan for growth and utilization during 2016-2021. The US and Germany are the major investors with many companies in their respective regions through 2020.
The Web Conferencing Market is a rapidly growing market with increasing use of online conference of audio and video medium for business and educational applications in various regions across the globe. This market is anticipated to have high growth owing to the increasing expenditure for developing web video conferencing and audio conferencing infrastructure, growing utilization of teleconference services for online meeting and growing adoption of conferring on the internet in various regions across the globe during 2016-2021.
Segmentation and Key Players of the Web Conferencing Market:
The Web Conferencing Market is segmented into various categories in the IndustryARC marketing research report by technology, by end user industry and by geography as follows:
By technology: Presentations, Collaborations and Meetings
By end user industry: Healthcare, Manufacturing, BFSI, IT, Education and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Web Conferencing Market according to the IndustryARC research report are as follows:
- Microsoft Corporation
- Google Inc.
- Cisco Systems Inc.
- Adobe Systems Inc.
- IBM Corporation
There is high demand for web based video conferencing for educational purpose and for industrial and corporations meetings’ in various regions across the globe during 2016-2021.
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